Colleges and universities across the country, both public and private, face financial challenges ahead of the upcoming academic year, regardless of their size, wealth, and prestige.

Layoffs or hiring and wage freezes were recently announced at affluent schools including Cornell, Temple, Northwestern, Duke, Notre Dame, Emory, the University systems in California, Maryland and Nebraska, and the University of Kansas, according to their respective websites.

‘The future of higher education will be different, but it doesn’t have to be bleak,’ one academic expert said.{ai:summary}<p>Colleges and universities nationwide are grappling with financial difficulties as the new academic year approaches. This trend affects institutions of all sizes and prestige, with layoffs and hiring freezes reported at several affluent schools, including Cornell, Duke, and Notre Dame.</p><p>These measures reflect a broader financial strain in higher education, impacting both public and private universities across the country. #education</p>

Tuition Hikes and Spending Cuts—What’s Behind the Financial Woes of US Universities?

Loading...